All articles by Vidyasagar Maddela
Vidyasagar Maddela
PNC secures regulatory approval for FirstBank acquisition
Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Colorado Division of Banking approved the deal.
BBVA, OpenAI partner to boost AI application in banking sector
OpenAI will support BBVA’s AI strategy to improve customer experiences and optimise the bank’s operations.
Capital Bank deploys Diebold Nixdorf VCP-Pro 7 software for ATM network
This move part of the Jordanian bank’s ongoing digital transformation.
Enova to acquire Grasshopper Bank for up to $369m
The deal combines Enova’s online lending operations for consumers and small businesses with Grasshopper’s digital banking platform.
HSBC to pay $300m to settle French tax investigation –report
This settlement with PNF is expected to resolve HSBC’s criminal case and a related civil tax claim by French authorities.
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Zigi to advance digital platform with Thought Machine’s Vault Core platform
Zigi introduced a solution that allows users to access fully compliant digital credit products in as little as three months.
UniCredit initiates steps to exit Russia
UniCredit Leasing has sold almost all its long-term leasing portfolio to the Russia-based leasing company PR-Leasing.
Wells Fargo signals more job cuts and AI rollout in 2026 – report
The anticipated workforce reduction aligns with Wells Fargo’s ongoing efforts to improve efficiency.
Bank of England plans to cut staff amid increasing budget pressures
The central bank has invited employees to volunteer for potential layoffs under a time-limited redundancy scheme.
Huntington National Bank expands presence in South Carolina with new branches
These new locations are part of Huntington’s strategy to launch around 55 branches across North and South Carolina.